Landscape Capital Management L.L.C. Has $1.29 Million Holdings in BlackRock Floating Rate Income SFI (NYSE:FRA)

Landscape Capital Management L.L.C. cut its holdings in BlackRock Floating Rate Income SFI (NYSE:FRA) by 35.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 100,344 shares of the investment management company’s stock after selling 56,068 shares during the period. Landscape Capital Management L.L.C.’s holdings in BlackRock Floating Rate Income SFI were worth $1,287,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pinnacle Financial Partners Inc. acquired a new stake in shares of BlackRock Floating Rate Income SFI in the first quarter valued at approximately $39,000. Steward Partners Investment Advisory LLC acquired a new position in BlackRock Floating Rate Income SFI during the second quarter worth $96,000. Summit Financial Wealth Advisors LLC increased its holdings in BlackRock Floating Rate Income SFI by 10.2% during the second quarter. Summit Financial Wealth Advisors LLC now owns 13,506 shares of the investment management company’s stock worth $173,000 after buying an additional 1,250 shares during the last quarter. Park Avenue Securities LLC increased its holdings in BlackRock Floating Rate Income SFI by 6.3% during the first quarter. Park Avenue Securities LLC now owns 20,331 shares of the investment management company’s stock worth $256,000 after buying an additional 1,201 shares during the last quarter. Finally, Matisse Capital acquired a new position in BlackRock Floating Rate Income SFI during the first quarter worth $265,000.

FRA traded up $0.03 during trading on Friday, reaching $12.51. 110,400 shares of the stock were exchanged, compared to its average volume of 157,049. BlackRock Floating Rate Income SFI has a twelve month low of $11.63 and a twelve month high of $13.96. The stock’s 50 day moving average price is $12.76 and its two-hundred day moving average price is $12.79.

The company also recently announced a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will be issued a dividend of $0.069 per share. The ex-dividend date is Wednesday, August 14th. This represents a $0.83 dividend on an annualized basis and a yield of 6.62%.

BlackRock Floating Rate Income SFI Company Profile

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.

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Institutional Ownership by Quarter for BlackRock Floating Rate Income SFI (NYSE:FRA)

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